Edward Johnson 
The Post Office could be facing a £100m bill and insolvency after claiming tax relief for its compensation payments to post office operators, according to a tax expert. Dan Neidle, the head of non-profit organisation Tax Policy Associates, said the Post Office claimed £934m tax relief for its compensation payments, and suggested it could be … Read more
2024 is anticipated to be a significant year globally with upcoming elections in many countries. The stage is set for noteworthy political developments and potential leadership changes. More than 60 countries including India, the USA, Germany, and the United Kingdom, are set to hold elections in 2024, suggesting prolonged volatility in the global financial markets. … Read more
Marcus Rashford, Casemiro, Jadon Sancho and Raphaël Varane would be the poster boys in any Sir Jim Ratcliffe white paper examining how Manchester United’s flatlining squad could be moved to a more modest or even performance-related pay structure. In the elite football world of hyper-inflated salaries performance-related pay is a pipe-dream but imagine if the … Read more
After the relentless buying in December, foreign portfolio investors took the slow lane on Dalal Street in January, eventhough markets hit record highs. In fact, data showed that foreign portfolio investors turned net sellers of equities in the last week after being net buyers in the secondary market in the preceding week. FPIs net sold … Read more
Erno Rubik, inventor of the Rubik’s Cube, holds one of the cubes at the International Toy Fair in Nuremberg, Germany, Jan. 29, 2020. Picture Alliance | Getty Images It took a month of twisting and turning for the first person to solve a Rubik’s Cube. That person was Erno Rubik, now 79, the iconic puzzle … Read more
Thanks to the mad rally in smallcap stocks in the last one year, smallcap funds of portfolio management service firms gave the best returns to investors. About six smallcap PMS funds gave more than 50% returns in the last one year, data by PMS Bazaar showed. Siddhartha Bhaiya-led Aequitas Investments’ ‘India Opportunities’ smallcap fund topped … Read more
One of many remarkable things about Gwyneth Hughes’s ITV series Mr Bates vs the Post Office is that the drama has become, by default, a show that will run and run. The four-parter itself may have ended on 4 January but subsequent episodes, involving real-life characters, have appeared on our screens daily ever since. There … Read more
MUMBAI – Avenue Supermarts Ltd reported strong numbers for the quarter ended December, with the consolidated net profit rising 17% year-on-year (YoY) to Rs 690.61 crore. Consolidated revenue from operations at Rs 13,572.47 crore too, increased by more than 17% from the year-ago period. Earnings before interest, taxes, depreciation and amortization or EBITDA during the … Read more
The Environment Agency faces new allegations of neglect of the River Wye after a project by a conservation group found effluent and contaminated waters at free-range egg farms flowing directly into watercourses in the catchment. Out of 47 sites visited in England and Wales in the Wye catchment, 19 had drains running from the poultry … Read more
“One indication that could be important to follow for us is what is going on in the consulting space. As you know, we have made significant investments in consulting and strategic decisions to help us transform our organization,” says Thierry Delaporte, CEO, Wipro. “On deal wins, we are continuing to see a strong momentum in … Read more
